[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  XO [@Trader_XO](/creator/twitter/Trader_XO) on x 523.2K followers Created: 2025-07-18 15:13:45 UTC $BTC Price remains in balance between 115–120, continuing to bracket within a clearly defined range, with responsive selling evident at local range highs. Last night’s move into the 121s was driven by aggressive market buying, predominantly short covering activity. This was confirmed by a decline in open interest on the push higher, suggesting a lack of new longs and the presence of trapped sellers getting squeezed. Notable absorption on the offer further reinforces the idea of forced exits rather than initiative buying. Currently, price is exhibiting overlapping value over the past few sessions = clear signs of ongoing acceptance within this range. A rotation lower into the 114s would be a key area of interest from a long perspective (depends on the flow and reaction). I'd be looking for signs of buyer response and rotation back up into the Value Area High - Lets see. Last one for the day - thats all - cheers.  XXXXXXX engagements  **Related Topics** [$btc](/topic/$btc) [xo](/topic/xo) [bitcoin](/topic/bitcoin) [coins layer 1](/topic/coins-layer-1) [coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem) [coins pow](/topic/coins-pow) [Post Link](https://x.com/Trader_XO/status/1946226896083022178)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
XO @Trader_XO on x 523.2K followers
Created: 2025-07-18 15:13:45 UTC
$BTC
Price remains in balance between 115–120, continuing to bracket within a clearly defined range, with responsive selling evident at local range highs.
Last night’s move into the 121s was driven by aggressive market buying, predominantly short covering activity. This was confirmed by a decline in open interest on the push higher, suggesting a lack of new longs and the presence of trapped sellers getting squeezed.
Notable absorption on the offer further reinforces the idea of forced exits rather than initiative buying.
Currently, price is exhibiting overlapping value over the past few sessions = clear signs of ongoing acceptance within this range.
A rotation lower into the 114s would be a key area of interest from a long perspective (depends on the flow and reaction). I'd be looking for signs of buyer response and rotation back up into the Value Area High - Lets see.
Last one for the day - thats all - cheers.
XXXXXXX engagements
Related Topics $btc xo bitcoin coins layer 1 coins bitcoin ecosystem coins pow
/post/tweet::1946226896083022178